A popular bar in the center of Yekaterinburg has closed.
A craft bar called "Geograf" will soon close in Yekaterinburg. The establishment is located at 61 Kuybysheva Street. It opened in 2018 and became popular among locals.
— "Geograf" is closing. Unfortunately, this is not a joke. Circumstances have turned out this way. We will continue to operate until mid‑January, the bar’s representatives wrote on social media.
The owners of the establishment have not disclosed the reasons for the closure. At the same time, the last party is scheduled for January 9, reports KP‑Yekaterinburg.
It is quite likely that the main reason was the increase of VAT to 22%, as well as the fact that the revenue threshold for applying the simplified tax system (STS) is being reduced from 60 to 20 million rubles per year. Meanwhile, catering businesses will be required to pay VAT at a minimum rate of 5% of turnover.
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A popular bar in the center of Yekaterinburg has closed.
The craft bar "Geograf" in Yekaterinburg will soon close. The venue is located at 61 Kuybysheva Street. It opened in 2018 and became popular with locals.